A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to add Bitcoin to its national reserve for financial stability. A Hong Kong legislator wants the special ...
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In Hong Kong, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special ...
As Bitcoin gains global recognition, countries like Hong Kong, Germany, and the U.S. are considering it for national reserves ...
Wu Jiexhuang, a member of Hong Kong’s Legislative Council, has called for the inclusion of Bitcoin in the city’s fiscal reserves. Speaking to the state-owned newspaper Wen Wei Po, Jiexhuang ...
Hong Kong legislator Wu Jiexhuang has proposed leveraging the city's "one country, two systems" framework to include Bitcoin in its national reserves, aiming to bolster financial security.
Adding Bitcoin to Hong Kong’s reserves could help protect the region from disruptions in traditional markets. The growing popularity of U.S.-based Bitcoin ETFs could pave the way for larger ...